Big News! YEIDA Approves The Map for Noida International Film City Phase 1: What does it mean for Real Estate Investors?

Exciting times ahead for Noida’s real estate and Indian entertainment industries! According to a recent Times of India Report, the Yamuna Expressway Industrial Development Authority (YEIDA) has officially approved the layout for the much-anticipated Film City in Sector 21. With the foundation set to be laid in February, this project is expected to redefine Noida’s landscape over the next eight years.

Breaking Down the Film City Plan

YEIDA’s approval gives the green light to the first phase of the Film City, which spans a massive 230 acres and is being developed by Bayview Projects LLP (led by film producer Boney Kapoor) in partnership with Bhutani Infra. The project is designed to serve as a global hub for film production, attracting filmmakers, media professionals, and investors from across the world.

Key highlights of Phase 1:

• 155 acres dedicated to film production infrastructure, including sound stages, post-production units, and high-tech studios.
• 75 acres allocated for a commercial hub featuring retail spaces, office buildings, and entertainment complexes.
• 23 acres reserved as a green zone, balancing industrial and commercial development with sustainability.

Ashish Bhutani, CEO of Bhutani Infra, commented on the project’s progress, stating, "We are likely to fix a date for the foundation laying ceremony soon. We are trying to pick a suitable date when representatives from the government and our team will be available for the mega event."

What This Means for Noida, Greater Noida and YEIDA Real Estate Market

The development of Film City is expected to trigger a major boom in real estate demand, particularly in residential and commercial segments around the Yamuna Expressway. Here’s why:

1. Increased Employment Opportunities – With world-class film production facilities, the project will generate thousands of jobs in media, entertainment, and hospitality.
2. Boost in Housing Demand – Professionals working in Film City will seek high-end housing options, making luxury apartments and gated societies more desirable.
3. Rise in Commercial Investments – Businesses will flock to the region, increasing demand for office spaces, coworking hubs, and retail outlets.
4. Infrastructure Upgrades – The project includes essential services like a sewage treatment plant, water tanks, an energy center, and an electrical substation, making it a self-sustaining ecosystem.

A Cutting-Edge Film Institute

One of the most exciting aspects of the project is a state-of-the-art film institute, designed to provide training in:

• Filmmaking, acting, music, and cinematography
• Advanced equipment handling and production techniques
• Skill development for technicians and industry professionals

This will not only boost Noida’s creative economy but also position it as a preferred destination for aspiring filmmakers and content creators.

Sustainability at the Core

The Film City project is committed to environmental sustainability, aiming for GRIHA 4-Star and IGBC Gold certification. These green building standards ensure energy efficiency, reduced carbon footprint, and sustainable urban planning.

The Road Ahead

While the first phase is estimated to cost ₹1,510 crore, the long-term returns for investors, businesses, and the local economy are bound to be immense. Noida Film City is not just a film production hub—it’s a real estate goldmine that will reshape the region’s future.

Stay tuned as we bring you more updates on this revolutionary project. Interested in investing in the booming Noida real estate market? Get in touch with us today!